Page 2 - FBL AR 2019-20

Disclaimer
In this annual report, we have disclosed forward-looking
information to enable investors to comprehend our prospects
and take informed investment decisions. This report and other
statements – written and oral – that we periodically make,
contain forward-looking statements that set out anticipated
results based on the management’s plans and assumptions. We
have tried, wherever possible, to identify such statements by
using words such as ‘anticipates’, ‘estimates’, ‘expects’, ‘projects’,
‘intends’, ‘plans’, ‘believes’ and words of similar substance in
connection with any discussion of future performance. We
cannot guarantee that these forward-looking statements will
be realised, although we believe we have been prudent in
making our assumptions. The achievement of results is subject
to risks, uncertainties and even inaccurate assumptions. Should
known or unknown risks or uncertainties materialise, or should
underlying assumptions prove inaccurate, actual results could
vary materially from those anticipated, estimated or projected.
We undertake no obligation to publicly update any forward-
looking statements, whether as a result of new information,
future events or otherwise.

Contents

Corporate snapshot ................................................................................07
Awards and recognition .......................................................................09
Our inspiring journey over the years ............................................10
Our experienced Board of Directors .............................................12
This is how our consolidated numbers have
grown in the last few years.................................................................14
Governance: The foundation of Fermenta’s business ........17
Chairman’s strategic overview..........................................................22
COVID-19 preparedness and response .......................................26
Our business overview for FY 2019-20 ........................................29
Strategic outlook.......................................................................................32
Our widening global footprint .........................................................33
Our Stakeholder Value-Creation Report FY 2019-20 ..........36
Fermenta’s sustainable 10 P’s platform .......................................40
Our business segment ..........................................................................44
Business enablers: Our people and processes .......................52
Integrated performance: Building our business the
responsible way .........................................................................................54
Corporate social responsibility .........................................................58
Management Discussion and Analysis .......................................60
Report of the Board of Directors .....................................................67
Financial Statements ...........................................................................105
Notice............................................................................................................235